Grenadier

Trimdon Avenue, Middlesbrough, North Yorkshire, TS5 8SB

NEST PUBS - REFURB PLANNED

The Grenadier in Middlesbrough is a popular suburban community pub which is set to receive a rejuvenating refurbishment to transform it into a Nest pub. This will see the pub reach it's full potential with a heavy focus on live sport and entertainment, whilst pizza will be served from the back of the bar, meaning there is no need for expensive kitchen teams. The new franchisee will be at the heart of the pub and will be able to integrate themselves into the community, raising money for local charities, and driving a great programme of entertainment. With a Nest pub, Greene King supply everything you need and offer a ready to trade pub, even paying the majority of the running costs, leaving you to focus on building a great pub for all to enjoy.

Location

The Grenadier is set amongst a housing estate in Acklam, south Middlesbrough. The shop is situated between a row of shops and a Salvation Army Church. Opposite the Grenadier are residential homes.

Business Information

Annual rent

£0

Weekly rent

£0

Entry costs

£7,000

Turnover royalty

n/a

Forecasted Operator Turnover

£430,479

Forecasted Operator Profit (inc machine profit)

£35,694

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

Type of Tie

Agreement

Nest Pub Franchise Agreement is an agreement for people who have Pub Management experience but are looking to find a simple way to run their own business without having a huge entry cost. You pay £3,000 entry fee and we take care of the property costs, energy bills and stock. We supply marketing, training, and ongoing support. In addition, you'll be paid 20% of weekly sales, known as the weekly turnover share, to cover your staffing costs. Bonuses and profit share schemes are available based on business performance and standards audits. Private accommodation is provided where available.

Entry cost of £5000 is payable on change day. This includes legal fees and start up training costs. An extra £2000 will be required as working capital, to ensure there is sufficient cash flow in the business before we make our first payment to you. You will be responsible for paying any staff wages including Employers National Insurance, liability insurances to protect the business and the public, TV licence and council tax for private accommodation.

Deposit

£0

Fixtures & Fittings

£0

Legal Admin Fee

£0

Broker Fee

£0

Stocktaking Fee

£0

Working Capital

£2,000

Other Costs

£5,000

Total Entry Costs

£7,000

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2023 317 0 3,140
2022 324 7 3,647
2021 257 2 2,885

There is a large internal trading space which will receive significant improvements throughout. The garden will see a large covered pergola installed.

Trade Bars

1

Trade Dining Areas

0

Trade Kitchens

1

Trade Food Covers

60

Trade Gardens

1

Trade Patio Areas

0

Trade Rooms to Let

0

Meeting Rooms

0

External Child Play Areas

0

Function Rooms

0

Customer Car Park Spaces

20

Current Premises Licence Opening Hours

Mon-Sun: 10:00-23:30

The accommodation comprises 2 bedrooms, kitchen, lounge, bathroom, toilet and office.

Private Rooms

7

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

Nest pubs are 95% wet led and focus on serving their local communities with a warm welcome and focus on live sport. They provide the ideal opportunity for someone with pub or hospitality management experience to run their own pub business without the demands of a busy kitchen and the high in going cost usually associated with a traditional tenancy model.

Andy Wearn, Business Development Manager

Apply for this property

The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.